risk of kyc on crypto casinos ? - page 14.

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

Quote from: sunsilk on June 19, 2022, 06:07:49 PM

I guess some decentralized casinos won't really ask you for that and that's what you need to look for. But if it's managed and owned then it's not guaranteed that they're decentralized and still, you'll be asked for kyc if they have to.

I have heard about decentralized gambling sites before but that has just been in theory and not in real life, or am I missing something? Can you name any decentralized gambling site that you have ever known of? Before I joined this forum, I played on betting sites like bet365 and some others but which are all centralized. Also after I joined this forum and I tried some gambling sites, they are also all centralized, but though using cryptocurrencies as a payment means.

Decentralized casino would work in a way that every money used to stake will be directly deducted from your noncustododial wallet, have you seen any gambling site like that before? I doubt that.

sunsilk

hero member

Activity: 3038

Merit: 634

You don't need to pay for someone just to tell you that every casino will do that based on the terms and agreement that you've signed up for.

I guess some decentralized casinos won't really ask you for that and that's what you need to look for. But if it's managed and owned then it's not guaranteed that they're decentralized and still, you'll be asked for kyc if they have to.

And that's based on the circumstance that you'll face depending on your results and usually if you're getting big wins then you have no other option to be verified and asked.

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?

ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz

KYC is requested based on the action of the player if you did nothing wrong and you are following the forum rules then you are good to go, if you win a big amount and you are requested to do KYC it's just meant that they want to be sure that you will pass their criteria that you are not playing in a country where they restrict it and you are of legal age.
It's better to undergo KYC at a reputable casino than at casinos with a bad reputation because reputable casinos make sure that your information is protected because they are compliant.

lule29

newbie

Activity: 28

Merit: 2

Quote from: ayuskabob on June 19, 2022, 05:21:15 PM

Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?

ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz

I'm afraid I can't name any casinos that don't require KYC, but I can assure you that I respect your desire for privacy and that KYC is only used by licensed casinos. So, even if you win more money, I doubt you'll be compensated on the unregulated ones.

I wish you luck in your search for reputable companies that do not require KYC.

ayuskabob

newbie

Activity: 20

Merit: 0

Looking for more crypto casino options,used to play on stake but had kyc asked over,is there any that has absolutely 0% chance of that being asked ?

ps: if you are a winning player (i know its rare or impossible) or won a big jackpot on any crypto casino, i would like some tips if you can,i can pay for your time,my telegram is @ ellieljonzz

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